$BTC moved above $92,000 as trading volume increased sharply. Daily volume jumped nearly 25%, showing strong buying interest. If Bitcoin breaks above $94,500, it could trigger a rally toward $100,000 and signal a possible trend reversal.
Altcoins outperformed Bitcoin during the move as traders rotated into privacy-focused coins and memecoins. $DASH surged up to 60% after a technical breakout, liquidating around $1.3 million in short positions. Monero (XMR) also showed strong gains. This week, the CD80 index is outperforming the Bitcoin-heavy CD20 index.
Memecoins are showing renewed strength in 2026, with Pump-fun trading volumes already matching December’s total by mid-month. However, newly launched tokens continue to underperform the broader market.
🔥Bitcoin is close to a major resistance level, and a breakout could push the price toward $100,000 and signal the end of a long corrective trend. Altcoins are gaining strength, led by Dash, which surged over 60%, its biggest rise in five years, while Monero also performed well. Despite limited major news in 2026, global political and economic issues may increase interest in crypto. Market activity remains mixed, with $180 million in liquidations and cautious trading ahead of the U.S. inflation report. Memecoins are recovering strongly, but newly launched tokens continue to struggle.$BTC #StrategyBTCPurchase
